Code Ninjas vs European Wax Center Franchise Cost 2026
Code Ninjas runs $169K–$339K. European Wax Center runs $370K–$574K. The gap at midpoint: $218K.
Code Ninjas
$169K–$339K
total investment
Investment Difference
$218K
Code Ninjas costs less
European Wax Center
$370K–$574K
total investment
Cost Breakdown
| Category | Code Ninjas | European Wax Center | Lower Cost |
|---|---|---|---|
| Total Investment | $169K–$339K | $370K–$574K | Code Ninjas |
| Franchise Fee | $26,000 | $45,000 | Code Ninjas |
| Royalty Rate | 8.0% | 6.0% | European Wax Center |
| Ad Fund Fee | 2.0% | 4.0% | Code Ninjas |
| Net Worth Required | $250K | $500K | Code Ninjas |
| Liquid Capital | $100K | $350K | Code Ninjas |
| Est. Break-Even | 8.4 yr | 11.8 yr | Code Ninjas |
Code Ninjas Profile
- Category
- education
- Total Investment
- $169K–$339K
- Franchise Fee
- $26,000
- Royalty
- 8.0%
- Est. Annual Revenue
- $380K
European Wax Center Profile
- Category
- beauty
- Total Investment
- $370K–$574K
- Franchise Fee
- $45,000
- Royalty
- 6.0%
- Est. Annual Revenue
- $800K
Bottom Line
Code Ninjas costs $218K less to open at the midpoint. That difference goes toward working capital or a second location. European Wax Center also wins on royalty rate.